NOT LISTED FOR SALE

Estimated Value: $5,156,000 - $8,881,000

3 Beds
2.5 Baths
2,091 Sq Ft
$3,522/Sq Ft Est. Value

Last Sold December 04, 2012

Last sale price $2,835,000 $1,356 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $43,243/month

231 Days on Market

Highlights

  • White Water Ocean Views
  • Gated with Attendant
  • Open Floorplan
  • El Morro Elementary School Rated A+
  • Spa
  • Clubhouse

About This Home

As of December 2012

EMERALD BAY - LAGUNA BEACH Approved Emerald Bay plans for a remodel to create a new soft contemporary indoor / outdoor home with absolutely unparalleled and breathtaking white water views of Emerald Bay. Located at the end of a private and flat cul-de-sac location, this 4 bedroom, 3.5 bath open floor plan home is designed to capture the expansive views from every room with the use of retractable ceiling to floor glass door systems. Separate master suite with office and an expansive private view and lounging terrace. Main living level comprises a gourmet chef s dining kitchen, separate dining room, great room / living room and a den / wine room. Three additional bedroom suites with baths encompass the lower level. Uniquely designed with the utilization of the existing foundation and retaining system requiring no major site work that greatly minimizes the cost. Listing includes photos of the existing home. Plans are available upon request.

Last Agent to Sell the Property

Harold Noriega

Compass License #01494239 Listed on: 03/06/2012

Compass

Last Buyer's Agent

Julian Tooma

Breeze Real Estate License #01897822

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,468

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 6,400 Sq Ft Lot
  • Lot Dimensions are 80x80
  • Property fronts a private road

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Traditional Architecture
  • Fire Retardant Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,091 Sq Ft Home
  • Open Floorplan
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Great Room
  • Bonus Room
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Convection Oven
  • Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Spa
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 0.15
  • Tax Tract Number 1108
  • Assessor Parcel Number 05308120

Community Details

Overview

  • Property has a Home Owners Association
  • Association Phone (949) 494-8571
  • Emerald Bay Subdivision
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,468

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-400-9905
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: Gated with Guard
  • Subdivision Name Other: Emerald Bay
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05308120
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2091.00
  • Interior Amenities: Granite Counters, Open Floorplan
  • Entry Location: Ground Level No Steps,Living Room
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 1355.81
  • Room Type: Bonus Room, Great Room, Main Floor Master Bedroom
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Fence: No
  • Patio And Porch Features: Enclosed
  • Pool Features: Association
  • Pool Private: No
  • Roof: Fire Retardant
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Direct Garage Access, Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Convection Oven, Dishwasher, Disposal, Refrigerator, Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Pool, Spa/Hot Tub, Sport Court, Tennis Court(s)
  • Association Fee: 7000.00
  • Phone: 949-494-8571
  • Senior Community: No

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Greenbelt
  • Lot Size: 80x80
  • Lot Size Sq Ft: 6400.00
  • Lot Size Acres: 0.1470

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6400.0000 Square Feet

Tax Info

  • Tax Lot: 0.15
  • Tax Model: 1
  • Tax Tract Number: 1108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2012
Closed on
Oct 24, 2012
Sold by
570 Emerald Bay Llc
Bought by
Ettimie Liviu F and Buna Adina
Seller's Agent
Harold Noriega
Compass
Buyer's Agent
Julian Tooma
Breeze Real Estate
List Price
$3,550,000
Sold Price
$2,835,000
Premium/Discount to List
-$715,000
-20.14%
Current Estimated Value
$7,363,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,528,993
Avg. Annual Appreciation
7.68%
Original Mortgage
$2,000,000
Outstanding Balance
$1,373,138
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$5,990,855

Purchase Details

Closed on
Oct 30, 2009
Sold by
Baldwin Shawn M and Baldwin Keri H
Bought by
570 Emerald Bay Llc

Purchase Details

Closed on
Nov 19, 2008
Sold by
Baldwin Shawn M and Baldwin Keri H
Bought by
Baldwin Shawn M and Baldwin Keri H

Purchase Details

Closed on
Mar 16, 2004
Sold by
Day Janice C
Bought by
Baldwin Shawn M and Baldwin Keri H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ettimie Liviu F $2,835,000 Chicago Title Company
570 Emerald Bay Llc -- Stewart Title
Baldwin Shawn M -- None Available
Baldwin Shawn M $2,800,000 United Title Company Orange
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ettimie Liviu F $2,000,000
Previous Owner Baldwin Shawn M $1,300,000
Closed 570 Emerald Bay Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2012 12/04/12 Sold $2,835,000 -20.1% $1,356 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $3,550,000 +25.2% $1,698 / Sq Ft
07/31/2012 07/31/12 Off Market $2,835,000 -- --
07/31/2012 07/31/12 For Sale $3,750,000 +32.3% $1,793 / Sq Ft
07/06/2012 07/06/12 Off Market $2,835,000 -- --
07/06/2012 07/06/12 For Sale $3,750,000 +32.3% $1,793 / Sq Ft
04/23/2012 04/23/12 Off Market $2,835,000 -- --
03/06/2012 03/06/12 For Sale $3,750,000 -- $1,793 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $55,468 $5,567,680 $3,600,629 $1,967,051
2024 $55,468 $5,458,510 $3,530,028 $1,928,482
2023 $54,197 $5,351,481 $3,460,812 $1,890,669
2022 $53,180 $5,246,550 $3,392,952 $1,853,598
2021 $52,162 $5,143,677 $3,326,424 $1,817,253
2020 $46,169 $4,552,781 $3,292,315 $1,260,466
2019 $39,165 $3,852,162 $3,227,760 $624,402
2018 $30,688 $3,017,412 $3,017,412 $0
2017 $30,593 $3,008,048 $2,860,208 $147,840
2016 $30,018 $2,949,067 $2,804,125 $144,942
2015 $29,574 $2,904,770 $2,762,005 $142,765
2014 $29,013 $2,847,870 $2,707,901 $139,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: L38310

California Regional Multiple Listing Service (CRMLS)

APN: 053-081-20